NOT LISTED FOR SALE

7123 Tranquil Creek Memphis, TN 38125

Southern Shelby County Neighborhood

Estimated Value: $238,000 - $284,000

3 Beds
2 Baths
2,200-2,399 Sq Ft
$108/Sq Ft Est. Value

Last Sold September 15, 2017

Last sale price $136,000 $57 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $1,500/month

Highlights

  • In Ground Pool
  • 1 Fireplace
  • Ceiling height of 9 feet or more
  • Soft Contemporary Architecture
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of September 2017

Contract Failed!!! Back on the Market.... Looking for your first home or a nice investment property, well look no further. This is a nice 3 bd /2 ba home with lots of space for a great price.

Last Agent to Sell the Property

Eric Stone

John Green & Co., REALTORS License #326825 Listed on: 07/01/2017

Last Buyer's Agent

Karen Payne

BEST Real Estate Company License #287343

BEST Real Estate Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,578

Year Built

  • Built in 1985

Lot Details

  • 8,712 Sq Ft Lot
  • Few Trees

Home Design

  • Soft Contemporary Architecture

Interior Spaces

  • 2,200-2,399 Sq Ft Home
  • 2,300 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • 1 Fireplace
  • Iron Doors
  • Washer and Dryer Hookup

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub With Separate Shower Stall

Parking

  • 2 Car Garage
  • Driveway

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Community Details

  • Green Creek Sec B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093703 B00048

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,578

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Soft Contemporary
  • Detached Unit Type: General Residential
  • MLS Map #: 787A
  • MAAR Subdivision Name: GREEN CREEK SEC B
  • List Price Per Sq Ft: 59
  • Number Of Stories: 2
  • Price Per Sq Ft: 59.13
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2300
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down, Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 2200-2399
  • Bedrooms: 3
  • Bedrooms Down: 2
  • Floors/Ceilings: Wood Laminate Floors, Tile, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Living Dining Kitchen: Washer/Dryer Connections
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer
  • Pool Description: In Ground

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 58
  • Acreage: 0.2
  • Lot Size: .21AC 72X125
  • Price Per Acre: 674995

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 093703 B00048

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2017
Closed on
Sep 15, 2017
Sold by
Watson Moore Jermona and Watson Clements Jermona
Bought by
Rhodes Sharlita Lynn
Seller's Agent
Eric Stone
John Green & Co., REALTORS
Buyer's Agent
Karen Payne
BEST Real Estate Company
List Price
$124,999
Sold Price
$136,000
Premium/Discount to List
$11,001
8.8%
Current Estimated Value
$258,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,024
Avg. Annual Appreciation
8.24%
Original Mortgage
$129,200
Outstanding Balance
$107,978
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$150,046

Purchase Details

Closed on
Jun 17, 2016
Sold by
Grice Chasity S
Bought by
Watson Clements Jermona

Purchase Details

Closed on
Jun 25, 2014
Sold by
Clements Lebert S
Bought by
Watson Clements Jermona and Clements Lebert S

Purchase Details

Closed on
May 20, 2013
Sold by
Clements Lebert S and Watson Jermona
Bought by
Clements Lebert S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,725
Interest Rate
3.56%
Mortgage Type
VA

Purchase Details

Closed on
May 2, 2013
Sold by
Clements Lebert S and Watson Jermona
Bought by
Clements Lebert S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,725
Interest Rate
3.56%
Mortgage Type
VA

Purchase Details

Closed on
Dec 2, 2011
Sold by
Clements Lebert S
Bought by
Clements Lebert S and Watson Jermona

Purchase Details

Closed on
Jun 25, 2010
Sold by
Clements Lebert S
Bought by
Clements Lebert S and Clements Bert S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,944
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 21, 2006
Sold by
Baker Dilcy L and Baker Robert
Bought by
Clements Lebert S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2003
Sold by
Mcdowell Ken
Bought by
Prudential Residential Services Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,850
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 2003
Sold by
Prudential Residential Services Lp
Bought by
Baker Dilcy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,850
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 1999
Sold by
Roebuck James W and Roebuck Karen S
Bought by
Mcdowell Ken

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,600
Interest Rate
7.13%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rhodes Sharlita Lynn $136,000 Regency Title & Escrow Llc
Watson Clements Jermona -- None Available
Watson Clements Jermona -- None Available
Clements Lebert S -- None Available
Clements Lebert S -- None Available
Clements Lebert S -- None Available
Clements Lebert S -- None Available
Clements Lebert S $130,000 Infinity Title Llc
Prudential Residential Services Lp $116,500 --
Baker Dilcy L $116,500 --
Mcdowell Ken $102,000 Equity Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rhodes Sharlita Lynn $129,200
Previous Owner Clements Lebert S $105,725
Previous Owner Clements Lebert S $105,725
Previous Owner Clements Lebert S $109,944
Previous Owner Clements Lebert S $121,500
Previous Owner Baker Dilcy L $104,850
Previous Owner Mcdowell Ken $81,600
Closed Mcdowell Ken $20,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2017 09/15/17 Sold $136,000 +8.8% $62 / Sq Ft
08/19/2017 08/19/17 Pending -- -- --
07/01/2017 07/01/17 For Sale $124,999 -- $57 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,578 $66,000 $10,925 $55,075
2024 $1,578 $46,550 $5,625 $40,925
2023 $2,836 $46,550 $5,625 $40,925
2022 $2,836 $46,550 $5,625 $40,925
2021 $2,869 $46,550 $5,625 $40,925
2020 $2,331 $32,175 $5,625 $26,550
2019 $2,331 $32,175 $5,625 $26,550
2018 $2,331 $32,175 $5,625 $26,550
2017 $1,322 $32,175 $5,625 $26,550
2016 $1,040 $23,800 $0 $0
2014 $1,040 $23,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2017

    Eric Stone

    John Green & Co., REALTORS

  • K

    Buyer's Agent in 2017

    Karen Payne

    BEST Real Estate Company

    (901) 407-2177

    1 in this area

    10 Total Sales

    Karen Payne
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10006080

Memphis Area Association of REALTORS®

APN: 09-3703-B0-0048

Tennessee Shelby County Memphis 38125 Southern Shelby County

7123 Tranquil Creek, Memphis, TN

This home is located at 7123 Tranquil Creek, Memphis, TN 38125 since 01 July 2017 and is currently estimated at $258,024, approximately $107 per square foot. This property was built in 1985. 7123 Tranquil Creek is a home located in Shelby County with nearby schools including Germanshire Elementary School, Kirby High School, and East Academy.

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